Saturday 9 June 2012

Abu Dhabi's big developers in the spotlight - The National

Investors will be looking for cues from Abu Dhabi's biggest property developers, Aldar Properties and Sorouh Real Estate, on the status of their proposed US$15 billion (Dh55.09bn) merger.

This week marks the end of the three-month period both developers said they would take to prepare a study to be put before their boards.

Sorouh is due to hold its board meeting tomorrow at its headquarters after local markets close.

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